On the recordFebruary 24, 1998
Tomorrow I will introduce a package of 5 bills to help our economy address the critical shortage in information technology workers. We are fortunate to live and work in a time of economic growth and expansion. Unemployment is low and production is up. But we cannot take these good times for granted. We have to continue to take those measures necessary to sustain our thriving economy. One of the hazards that could derail our economic engine is a growing shortage of skilled workers. Too many firms across the country are facing serious difficulties in hiring workers with needed skills. This shortage, which has been estimated to be as high as 190,000 employees nationwide, is especially restricting the growth and development of our Nation's information technology industry, which is the vanguard of our national economic boom. This shortage of skilled workers is costing our economy over $10 billion a year in lost revenue.
Source
govinfo.gov
